Category Archives: Business Success

In 1998 Wesley R. Edens, Rob Kauffman, and Randal Nardone came together and founded the Fortress Investment Group. At the time they were able to grow their investment of 400 million to about 3.5 billion with the first few years. In fact, in the years between the years of 1999 and 2006 they were doing about thirty nine percent on there private equity funds this meant that by the time the fortress Investment group listed its IPO in 2007 they were at thirty-two billion under asset management. This level of success is what has continued to give the over 1750 investors confidence in the group. Today the group has headquarters in New York, Singapore and Shanghai. This is one of the most diversified asset management groups on the NYSE and it’s something their current Co-CEO sees as a growing strength that needs to be tapped more.

Peter Briger the current Principal and Co-Chairman of the Board of Directors is one who sees career and Philanthropy as conjoined twins who go hand in hand. He is a firm believer in the power of giving back to society and putting in as much effort in worthwhile causes as that put in career. He has been a bright light in the various charities he has been part of over the years and this was especially brought to light in the Silicon Valley Leadership Council for the Global Fund for Children. This continues to show his passion for the welfare of children and the firm believe that all children are born equal and deserve an opportunity to live their best lives from the day they are born. He is also a member of the Council on Foreign Relations this is a committee that brings together business leaders who have a deep understanding of foreign relations and their importance to the country.

They then try and bridge the gap between the understanding held by the citizenry and its leadership. Having held various positions in the international arena, Peter Briger has a lot to offer in this committee. The fortress investment Group Co-CEO is also very passionate about entrepreneurship, this is the reason he was so eager to join in the committee that supports entrepreneurs at Princeton his alma mater. Princeton is one of the most dedicated universities in the country catering for business-oriented students as well as future entrepreneurs. He contributes his time and money towards the realization of the Princeton entrepreneurial dream. He has a lot of appreciation for the school having begun his life as a business leader here eventually leading him to the Fortress Investment Group.

Kerrisdale Capital Management is an investment management company that was founded by Sahm Adrangi who also serves as the Chief Investment Officer. The firm focuses on mostly event driven special situations and long term value investments. Kerrisdale Capital has a short position at a company they previously gave a negative report, Proteostasis Therapeutics. This is a clinical stage biopharmaceutical company that discovers and develops therapeutics to treat among other diseases, cystic fibrosis. One such novel therapeutic is their lead product, PTI-428.

In claims refuted by Sahm Adrangi’s Kerrisdale Capital, Proteostasis claims that PTI-428 works uniquely by increasing levels of messenger RNA and protein correspondence to the gene CFTR. They supposedly performed a clinical trial that showed the drug meaningfully improved lung function as compared to placebo. In response, Sahm Adrangi and Kerrisdale Capital argued that these results were not wholly true. This is because the patients who received PTI-428 did not necessarily react extremely good to it, but rather the patients on placebo reacted poorly. On the other hand, CFTR mRNA and protein are very scarce in even the airway epithelium, further proving the drug is not as effective as Proteostasis claim because it would not be easy to measure favored biomarkers.

Sahm Adrangihas been with Kerrisdale Capital Management since founding it in 2009. Kerrisdale Capital Management is based in New York and makes value-oriented investments in public securities. He had previously held various positions in other companies. Among them, he was an Investment Analyst at Longacre Fund Management, LLC, Analyst at Chanin Capital Partners and Analyst at Deutsche Bank. Sahm Adrangi is a graduate of Yale University, where he received a Bachelor of Arts in Economics in 2003. He is widely known for exposing fraudulent companies and action against these companies taken by the Securities and Exchange Commission. Under Sahm Adrangi, Kerrisdale has published reports on specific sectors it acquaints with like mining, telecommunications and biotechnology. He is also a known activist, speaker and has as well appeared in interviews at Bloomberg and CNBC.

It’s not an easy thing to be eternally optimistic. Being an entrepreneur requires a relentless passion for success and a formula for consistency. The former chairman and chief executive officer of United Technologies Corporation, Louis Chenevert, knows how to get the right people together to accomplish nearly anything. After 14 years at General Motors and 7 years at Pratt & Whitney, he was prepared for the challenge at UTC. During his time there, he came to understand that to exceed expectations and thrive, the focus must be on operational talent and engineering. Early in his career, he had learned how to solve problems through the support of the employees who knew the operations best. To be involved at the ground level of development was a very important aspect of his career.

One of the things that Louis Chenevert did was to surround himself with positive people who had good ideas. With no patience for internal politics, he spent most of his time forging forward with the newest innovative ideas he could find. He knew that key executives needed to have the tools and resources available to them to accomplish their goals. He also knew that assembling the right team and removing roadblocks that could hinder their progress was a very important role that he needed to play. He was constantly aware of the fact that the right people working together can create game-changing innovations and advance technology further than imagined.

One of the accomplishments of UTC was the development of the GTF engine which was more fuel efficient and contained fewer parts. Another was developing X2 technology at Sikorsky that enabled helicopters to travel at twice the old speed. They developed the F135 engine which changed military propulsion forever. The acquisition of Goodrich Aerospace, an $18 billion company would alter the history of UTC indefinitely. All of these things happened under his supervision and guidance.

Let’s call a spade a spade: Boraie Development is now at the top of its game, and a testament to that is the fact that right now it’s building a 250-apartment project complex which will open in Atlantic City, New Jersey, and Connecticut avenues. This would then be serving about 50,000 citizens and would be providing them with job opportunities that would otherwise not have been there for them.

What this means is that New Jersey is now seeing its renaissance and is now rising again. When before, New Jersey was a place of discord and the center of dismay, right now, there’s a lot of optimism in the city, as more casinos are popping up and more neighboring states are participating in the growth of the state’s gaming environment. With such new projects and investments, it’s not that hard to imagine that New Jersey would be more stable, more attractive to neighboring states and would then be no sooner than you know, one of the fast-rising states today. Check out Press of Atlantic City to see more.

About Boraie Development

Most of the articles you read about Boraie Development seem to carry the weight of an informative series of references that are too didactic to read. Let’s fix that by making things simple. For starters, Boraie Development is the company that helps offer an array of services that have to do with the urban real estate. It is the vision of Boraie to provide spectacular real estate properties to their clients and to provide unparalleled service to their loyal clientele. The forte of the staff and leaders in Boraie Development would have to be their Financial Institutions and their architects that can offer the best of their services without doing it just for profit. It is the mission of Boraie Development to build real estate projects that the next generation would be proud in a manner that would save costs, maximize the resources and would also be environmentally concerned. For more details visit Crunchbase.

The Real Estate Development Division of Boraie

Development is also employing a vision no other developer seems to show. One of the strategies of Boraie Development in their concerted effort is to use private capital sources, such as from the large commercial banks today, to be the primary funding source for their projects, along with, of course, initiating projects using their own capital.

Hussain Sajwani and his real estate company DAMAC has launched a new luxurious residence development overlooking the beautiful and infamous Dubai Canal. DAMAC’s Reva Residences will offer one and two bedroom apartments in their up-scale development. DAMAC has created this luxury property to attract successful professionals as well as young couples to the center of Dubai’s business, leisure and entertainment district. Tenants can enjoy the comforts of home and the pleasure of the convenience to Dubia’s business and entertainment district.

DAMAC’s Reva Residences will offer concierge services available around the clock, up-to-date and sophisticated work-out facility, and intricately designed interiors. In addition to the great canal view; Reva Residences will offer affordable prices for their luxury apartments. The Residences will have walking distance ease to entertainment, shops, and restaurants. Tenants will enjoy the the beautiful local parks, children play area, heat-controlled swimming pool and sauna, and waterside paths that can be used for jogging or cycling.

The Man Behind DAMAC’s Success

Hussain Sajwani’s humble beginnings started with him receiving his bachelor’s degree in Industrial Engineering and Economics from the University of Washington in the U.S. Sajwani later went on to start his career in finance with the Abu Dhabi Gas Industry. Hussain Sajwani’s entrepreneurial spirit kicked in two years later and he started a catering company that still exist to this day, called Global Logistics Services. His interests continued to grow and DAMAC was his next creation.

Hussain Sajwani is not only the founder and chairman of DAMAC real estate development company; he is also ranked as one of the top 10 billionaires in Forbes list of World’s Richest Arabs. He has spearheaded DAMAC to become one of the fastest growing and top real estate developers in the Middle East. Since DAMAC inception, Hussain Sajwani has developed almost 20,000 apartments and various developments deals in the Middle East. In 2015 his company was listed on the Dubai Financial Market. Hussain Sajwani’s expertise and experience in the financial and real estate industry has made DAMAC what it is today. DAMAC’s reputation continues to grow throughout the Middle East and London.

Jed McCaleb is an American programmer who turned to become an investor and an entrepreneur. He has been investing his time and money with cryptocurrencies, and even developed a new stance on blockchain technology. He also established the world’s first Bitcoin exchange called Mt. Gox, and this invention has branched into several other startups. He has been involved in a lot of tech projects which harnesses the potential of cryptocurrencies. One of the projects that he worked on was eDonkey, and it was a huge success. It is also one of the first programs that have implemented a procedure allowing multisource downloading.

Looking at the potential of the cryptocurrency industry, Jed McCaleb decided to venture into another business, and established Stellar in 2014. Stellar aims to connect businesses together, and the program developed by Jed McCaleb is helping a lot of entrepreneurs around the world. Stellar has been updated to allow the implementation of smart contracts, and there are still developments that will be implemented in the next few years. According to Jed McCaleb, one of the reasons why he decided to create the Stellar Network is because of the flaws that he has noticed in the global banking system. He is hoping that through the program that he created, these flaws will be addressed and more people will be putting their trust to programs like Stellar.

Being the co-founder and the CTO of the Stellar Development Foundation, Jed McCaleb is making sure that the company is still working to accommodate the demands of the industry. He is also creating other programs and applications that would support the company that he created. Jed McCaleb is known for his applications and programs that are helping the business community. Entrepreneurs and business people are welcoming his new approach in making the business industry a much better place, and he knows that in the future, the computer systems and applications will be a huge part of the industry.

Presently, Jed McCaleb is enjoying the role that he has in his company. He is also encouraging everyone to become a part of the Stellar Development Foundation, and he stated that they can harness their talents in programming by joining the company.

Joel Friant is a businessman who says he is a free-market enthusiast. He has started a number of firms like a house flipping business, a home remodeling company, a restaurant, and more. He is also an author and speaker who has talked to many people about what it takes to succeed in life. This led to him opening a successful training company where he helped people develop professionally and personally.

One of his most successful products came about when he owned a Thai restaurant. He had loved the heat and flavor of habanero peppers ever since high school. He took his passion for that type of pepper to the next level when he went to Jamaica as a tourist and got to sample a large variety of habanero peppers that grow there. When he got back home he developed a product he named the Habanero Shaker.

The Habanero Shaker, which he sold in the largest Washington grocery stores, was different than anything else on the market. Unlike competing products he didn’t add cheap ingredients like salt to pad out the product. Instead, he used only 100% dried and ground habanero pepper flakes. This was a hit with consumers and he sold this product for a number of years.

When Joel Friant’s house flipping business got too busy he had to make a choice and so he quit selling the Habanero Shaker. However, in 2012 he discovered some courses that were being taught on how to successfully sell a product on eBay and Amazon. Recalling his old habanero pepper product, he launched the Original Habanero Shaker. He says he can reach a global audience by selling this online instead of in grocery stores and getting great reviews from confirmed buyers has certainly helped.

Joel Friant says that because he sources fresh habanero peppers his product features an excellent combination of heat and flavor. He uses a convenient bottle to package it in that can also keep the habanero flakes fresh for up to two years. Most people run out before that, though, because once they buy this they end up shaking it on all manners of different food.

If you haven’t made any substantial purchases outside of your home country you may not know exactly what a forex broker or forex trading company is. The forex exchange market refers to the transfer of one currency to another. If you ever plan to make a large exchange you might want to find the best company possible to help you decide exactly when and where to make the exchange.

AvaTrade is an online Forex investor’s guide. If you choose to use AvaTrade you will be taught the ins and outs of everything to do with the foreign exchange market. AvaTrade is very open about what you get for your money. They serve as a learning resource for online traders and empowers its customers to trade successfully in all world markets.

Anyone can write an AvaTrade review. Even though experts make use of the company’s service from time to time, you do not need to be an expert to work with AvaTrade. The company sees over $60 million per month in trading, both coming from professionals and individuals who are just starting out.

Some people may be confused by what services AvaTrade offers. AvaTrade is not a botting program that does the work for you, the company will not advise you on what to invest in, how much to buy, and when to trade. AvaTrade is a crash course in Forex that intends to educate you and give you the knowledge required to make these decisions yourself. You will be an expert in all things relating to forex if you continue to the end of the program. You will be able to study the world’s markets and make educated decisions that may result in great financial gain.

AvaTrade was founded by Emanuel Kronitz Negev Shekel Nosatzki and operates out of Dublin, Ireland. It launched under a different name in 2006, but has been called AvaTrade since 2013. The company has offices and sales centers all over the world including, but not limited to, Tokyo, Japan; Sydney, Austalia; and Shanghai, China.

Swiss businessman and entrepreneur Mike Baur started on his road to success early in life, taking a position with the Union Bank of Switzerland (UBS) at age 16. Well on his way to success before the age of 30, he left his important advisory position in 2008 to take another high-ranking position with Claridan Leu. However, Baur’s passion and focus shifted to assisting young, talented entrepreneurs by providing them with as many financial and training opportunities as possible. To this end, he left banking completely and with co-founders Max Meister and Oliver Walzer founded the Swiss Startup Factory (SSUF) in 2014.

With business degrees from the University of Rochester and the University of Bern, along with his years of experience in the financial world, Baur was more than qualified for the transition. Over the next few years, Baur led SSUF into alliances with other investors such as CTI Invest, Switzerland’s leading financial platform for startups, and BV4, which estimates the monetary value of ideas and inventions along with other intellectual property. Mike Baur continues to hold high positions in these businesses, with his primary focus being fundraising at SSUF.

The main mission of the Swiss Startup Factory is to provide young entrepreneurs with the training and financial assistance needed to thrive in today’s market. This is accomplished by providing a three month Startup Accelerator Program to guide fledgling businesses through the initially complicated process. Besides financial assistance, the three-month program provides assistance with coaching and mentoring, even providing free office space in Switzerland’s largest city along with access to a vast support network in Switzerland and around the world.

The Swiss Startup Factory encourages participants to take part in various events such as Swiss Startup Training, Swiss Startup Day with CTI Invest, and Swiss Venture Day. New entrepreneurs are also encouraged to participate in pitching contests such as the START Summiteer, where Mike Baur has participated as a juror. Through these multi-faceted opportunities, Mike Baur has become an example of how to encourage young talent to succeed in the ongoing innovative business opportunities of the digital market today.

It was recently reported by industry insiders that Jay-Z, with his groundbreaking deal with Live Nation coming to an end, has been reaching out to many of the music industry’s most powerful people in an effort to secure a new deal. In Jay-Z’s original deal with Samsung, which was reported to be for 10 years, bringing in $150 million for the mogul, a clause was included that would allow for either party to purchase the other’s stake in the company. While Live Nation has been open about their intention to end their deal with Jay-Z in regards to the Roc Nation recorded music catalog, due to the lucrative nature of their touring deal, the fully intend to renew it. According to insiders at Live Nation, the reason for not continuing their recorded music deal with Jay-Z and Roc Nation is due to the fact that they are no longer interested in purchasing stakes in recorded music in general. Outside the Santa Monica, CA, offices of Universal Music Group Chief Executive Officer Sir Lucien Grainge, Jay-Z, alongside his longtime associate, Desiree “Dez” Perez, was spotted. This new development has sparked increased speculation that Jay-Z and Universal Music Group are in the process of working out a deal, particularly because UMG is already partially invested in Roc Nation, albeit in a rather minute capacity. The Roc Nation roster consists of superstars such as Rihanna, Meek Mill, Shakira, and Fat Joe.

Desiree “Dez” Perez is currently the Chief Operating Officer at Roc Nation, helping to oversee many of the company’s most important sectors, including management, labeling, and publishing operations. Desiree Perez has been one of Jay-Z’s closest business associates for over 20 years, helping to guide the trajectory of his career, as well as the artists who call Roc Nation home. While she is one of Roc Nation’s top executives, she is well known throughout the industry for her formidable negotiation skills, recently helping Rihanna to secure a deal with Samsung.